Author: Nichols Martin|| Date Published: July 11, 2018
Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have landed spots on a potential five-year, $4.1 billion contract to develop and deliver radar platforms to the Missile Defense Agency.
All three companies will vie for task orders to provide autonomous acquisition and persistent precision tracking and discrimination technologies designed to increase the Ballistic Missile Defense system’s ability to counter various threats, the Defense Departmentsaid Tuesday.
Ordering period under the multiple-award, indefinite-delivery/indefinite-quantity contract runs through July 9, 2023.
Each contractor will receive a minimum amount of $10,000 from MDA’s research, development, test and evaluation funds, according to the Pentagon.
MDA received three proposals for the contract via a competitive solicitation process on FedBizOpps,
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Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have landed spots on a potential five-year, $4.1 billion contract to develop and deliver radar platforms to the Missile Defense Agency.
